Hyundai has confirmed the upcoming fourth-generation i20 small car will include the return of the i20 N hot hatch, likely with a hybrid powertrain after the current model bows out of showrooms later this year.

“An i20 N for Europe is a must,” Hyundai’s global research and development (R&D) boss Manfred Harrer told British publication Autocar, adding the unveiling of the Volkswagen Polo GTI rival is “not so far out”.

“We need this entry-level back for our fans … we are working intensively to do this sooner rather than later,” Mr Harrer added.

Hyundai Australia couldn’t comment on a new i20 N for local showrooms.

The outgoing model is sourced from Europe, and Hyundai revealed a new-generation i20 for Brazil last week that provides the clearest indication yet of what the still-unrevealed European version may look like.

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The i20 N Shadow Edition was announced last week as the current-generation model’s swansong in Australia, with a similar farewell edition expected for the larger i30 N hatchback.

In his interview with Autocar, the Hyundai R&D chief said the gap between the current petrol-powered i20 N and Hyundai’s electric performance models is “too big”.

The i20 N produces 150kW of power and 275Nm of torque from its turbocharged 1.6-litre four-cylinder engine, and is priced in Australia from $38,500 before on-road costs.

The electric Ioniq 5 N and Ioniq 6 N, which share the same E-GMP underpinnings and 448kW/740Nm dual-motor all-wheel drive powertrain, are both priced at $115,000 before on-road costs in Australia.

The Ioniq 5 N can do the 0-100km/h dash in 3.4 seconds, while the Ioniq 6 N takes 3.2 seconds and the i20 N takes 6.2 seconds.